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HomeMy WebLinkAboutResolution No. 4599 RESOLUTION NO. 4599 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY APPROVING AND ADOPTING THE ANNUAL APPROPRIATIONS LIMIT FOR FISCAL YEAR 1985 -86 WHEREAS, the voters of California on November 6, 1979 added Article XIII -B to the State Constitution placing various limitations on the appropriations of the state and local governments; and WHEREAS, Article XIII -B provides that the appropriations limit for the fiscal year 1985 -86 is calculated by adjusting the appropriations limit for fiscal 1984 -85 for changes in the cost of living or per capita personal income (whichever is less) and population; and WHEREAS, the information necessary for making these adjustments is attached in Exhibit I; and WHEREAS, the City of Downey has complied with all the provisions of Article XIII -B in determining the appropriations limit for fiscal year 1985- 86. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS FOLLOWS: SECTION 1. The appropriation limit for 1985 -86 shall be $21,413,349 for the City of Downey. SECTION 2. The City Clerk shall certify to the passage and adoption of this Resolution and shall enter the same in the book of original resolutions of said City. APPROVED AND ADOPTED THIS 25th day of June , 1985. Z - Mayor ATTEST: ialfe I Alba y er I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council of the City of Downey at a regular meeting hereof, held on the 25th day of June , 1985, by the following vote, to wit: AYES: 5 Council Members Davila, Santangelo, Boggs, Cormack, Barb NOES: 0 Council Members ABSENT: 0 Council Members Z y er maf RESOLUTION NO. 4599 EXHIBIT I 1985 -86 APPROPRIATION LIST 1978 -79 Base Year Appropriation Limit $13,389,703 Plus: Change in CPI 1978 -79 - 10.17% 1,361,733 Less: Decrease in Population 1/1/79 - .68% (100,310) Appropriation Limit 1979 -80 14,651,126 Plus: Change in Per Capita Personal Income 1979 -80 - 12.11% 1,774,251 Less: Decrease in Population 1/1/80 - .58% (95,267) Appropriation Limit 1980 -81 16,330,110 Plus: Change in Per Capita Personal Income 1980 -81 - 9.12% 1,489,306 Less: Decrease in Population 1/1/81 - .25% (44,549) Appropriation Limit 1981 -82 17,774,867 Plus: Change in CPI 1981 -82 - 6.79% 1,206,914 Plus: Increase in Population 1/1/82 - .12% 22,778 Appropriation Limit 1982 -83 19,004,559 Plus: Change in Per Capita Personal Income 1982 -83 - 2.35% 446,607 Plus: Increase in Population 1/1/83 - .68% 132,267 Appropriation Limit 1983 -84 19,583,433 Plus: Change in CPI 1983 -84 - 4.74% 928,254 Plus: Increase in Population 1/1/84 - .42% 86,419 Appropriation Limit 1984 -85 20,598,106 Plus: Change in CPI 1984 -85 - 3.74% 770,369 Plus Increase in Population 1/1/85 - .21% 44,874 Appropriation Limit 1985 -86 $21,413,349